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Oversold Japan Shares May Tick Higher On Monday
The Japan stock market turned emphatically lower again on Friday, one session after snapping the two-day slide in which it had tumbled almost 3,200 points or 4.2 percent. The Nikkei 225 now sits just above the 69,360-point plateau although it may see a mild rebound on Monday.
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Tech Bargain Hunting May Boost KOSPI
The South Korea stock market on Friday ended the two-day winning streak in which it had surged more than 725 points or 8 percent. The KOSI now rests just above the 8,410-point plateau although it may find support on Monday.
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Japan Retail Sales Data Due On Monday
Japan will on Monday release May numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales are expected to rise 3.1 percent on year, up from 2.1 percent in April.
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U.S. Dollar Drops Against Most Majors
The U.S. dollar fell against its most major counterparts in the New York session on Friday.
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U.S. Dollar Slides As Plummeting Crude Oil Prices Ease Inflation Pressures
The U.S. Dollar value inched lower extending yesterday's losses as U.S. Federal Reserve interest-rate-hike concerns eased after Thursday's U.S. economic data release. In addition, today's plunge in crude oil prices diminished oil-linked inflationary concerns.
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Canadian Stocks Mixed In Cautious Trade
Canadian stocks are turning in a mixed performance on Friday. Shares from materials, technology and real estate sectors are faring well, while those from consumer staples, communications and energy sectors are mostly subdued.
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Swiss Market Ends Weak
The Switzerland market ended on a weak note on Friday after languishing in negative territory throughout the day's trading session. Profit taking, concerns about valuations in the tech sector and uncertainty about Iran peace deal weighed on the market.
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more news
European Stocks Close Weak As Iran Peace Deal Uncertainty, AI Related Concerns Weigh
European stocks closed broadly lower on Friday amid fresh concerns about valuations in the tech sector on reports OpenAI could delay its public market debut. Uncertainty about U.S.-Iran peace deal following a fresh attack on a cargo vessel in the Strait of Hormuz hurt as well.
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U.S. Consumer Sentiment Rebounds Slightly More Than Previously Estimated In June
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. rebounded by slightly more than previously estimated in the month of June.
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Gold Headed For Fourth Weekly Loss On Rate Hike Concerns
Gold traded higher on Friday but headed for a fourth consecutive weekly loss, weighed down by a resurgent U.S. dollar on hawkish Fed bets.
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Oil Prices Decline Despite Vessel Attack Near Oman
Oil prices fell back near levels last seen in late February on Friday amid easing supply concerns.
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European Shares Slide On Memory Cost Concerns
European stocks declined on Friday as a global tech sell-off gathered pace and a container ship was attacked near the coast of Oman, forcing a pause on evacuations of stranded seafarers.
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FTSE 100 Edges Lower After Vessel Attacked Near Oman
U.K. stocks drifted lower on Friday as a global tech sell-off gathered pace and a container ship was attacked near the coast of Oman, forcing a pause on evacuations of stranded seafarers.
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5 dagar sedan
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